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please answer these questions as soon as possible! ill leave a thumbs up if correct. Sweeten Company had no jobs in progress at the beginning
please answer these questions as soon as possible! ill leave a thumbs up if correct.
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two Jobs during MarchJob P and Job Q. The following additional information is avallable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplled or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 11. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventorles. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two Jobs during MarchJob P and Job Q. The following additional information is avallable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses deportmental predetermined overheed rotes with machine-hours as the allocation base in both departments. 2. If Job P included 20 units, what was its unit product cost? (Do not round intermedlate calculations.) Sweeten Company had no Jobs in progress at the beginning of March and no beginning inventorles. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two Jobs during MarchJob P and Job Q. The following additional information is avaliable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 13. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) data and questions relate to the month of March): Sweeten Company had no underapplied or overapplled manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 14. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to estabish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices for both Jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job Q? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Required Information [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventorles. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during MarchJob P and Job Q. The following additional information is avallable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplled or overapplled manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machinc-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 5. What was Sweeten Company's cost of goods sold for March? (Do not round Intermedlate calculations.) Step by Step Solution
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